Question

Why is it important that money is portable and acceptable? In at least two complete sentences, describe the consequences you would face if money did not have these two qualities.

Answer 1

the fact that the portability of money allows us to make purchases easily

the fact that the acceptability of money saves us from confusion

the fact that both qualities allow us to exchange value more easily

Answer 2

Money needs to be portable so that it can be easily moved from place to place. If it were not in a portable form, this would make it difficult to make purchases. Also, money needs to be acceptable: If we can't agree what forms of money can be used, then this will eliminate our ability to exchange value.